Monday, July 21, 2025
Roughnecks at drill site.

U.S. Rig Count Snaps Five-Week Drop, Rises above 900

Changes very concentrated this week U.S. drilling activity increased this week, snapping five weeks of decline, according to Baker Hughes Weekly Rig Count. Nine rigs came online this week, bringing the total number of rigs in the U.S. above 900 again, to 907. The changes this week were very concentrated, in almost every category. The only change among rig types

WildHorse Predicts 83% Production Growth In 2018

Testing Gen 4 completions, refracs WildHorse Resource Development (ticker: WRD) announced third quarter results Wednesday, showing a net loss of $17.3 million. After excluding the effects of hedging and other special charges, Carrizo posted adjusted earnings of $11.6 million. WildHorse produced 36.6 MBOEPD in Q3, more than double the 14 MBOEPD the company produced in Q3 2016. This expansion is

Halcon Resources Plans 2018 With New Delaware Focus

Williston Basin sale has closed Halcon Resources announced third quarter results today, showing net income of $419.3 million, or $2.82 per diluted share. The vast majority of these earnings are due to Halcon’s sales of its Williston assets, which generated a gain of $491.8 million. After adjusting for these sales and other special charges, Halcon reported a net loss of